IS PERFECT INFORMATION PERFECTLY USELESS

被引:0
作者
KING, SP
机构
关键词
D O I
10.1016/0165-1765(92)90178-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
We show that, in a market for state contingent goods, a perfectly informed trader cannot trade to an ex post preferred allocation for a broad family of 'voluntary' trading mechanisms.
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页码:415 / 418
页数:4
相关论文
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